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Updated over 9 years ago,

David Y.'s profile image
David Y.'s profile image
David Y.
  • Investor
  • from Sugar Land, Texas
  • Member since Feb 2, 2015
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David Y.'s profile image
David Y.'s profile image
David Y.
  • Investor
  • from Sugar Land, Texas
  • Member since Feb 2, 2015
Connect
David Y.
  • Investor
  • Sugar Land, TX
0
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33
Posts
Buying & Selling Real Estate

Oil price's impact on Houston real estate market

David Y.
  • Investor
  • Sugar Land, TX
Posted

Hi all, I just joined BP today and greetings to you from Houston, TX.  I bought a rental property  (single family) in Houston about 15 month ago with a very good tenant.  Our contract expires very soon and the property value has increased 15% since I bought it.  I was wondering if I should sell the property for profit to avoid the possible market crash since the oil price has been dropped so much and many big oil company are laying off people.  I will appreciate your comments on my consideration, thanks in advance.

David

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